Audit Administration Mastery: From Planning to Final Report
Gain practical audit skills in this intermediate course covering audit administration, planning, fieldwork, and reporting. Learn risk-based methodologies, internal controls, and audit documentation standards with real-world examples and walkthroughs.
Course Description
This course provides a comprehensive overview of audit administration, focusing on real-world application across the full audit lifecycle. Designed for CPAs, CPA candidates, and entry-level audit professionals, the course covers key concepts such as audit planning, risk assessment, internal controls, and audit reporting. You'll explore industry standards including GAAS and PCAOB guidelines, and learn how to document audit work, conduct sampling, and communicate findings effectively.
Through practical examples, document walkthroughs, and case-based instruction, you'll gain the tools and confidence to manage and execute high-quality audits in both financial and non-financial contexts. Whether you're supporting a traditional financial audit or preparing for SOC or ISO engagements, this course bridges technical knowledge with real-world execution.
In this course, you'll learn...
Course Objectives
To understand the core components of audit administration, from planning to reporting
To apply risk-based audit methodologies to guide audit strategy and execution
To evaluate the impact that internal controls have on client risk profiles and audit testing
To implement best practices in audit documentation and compliance
To communicate audit findings effectively with internal and external stakeholders
How you'll apply these skills...
Assess Client Risk Profiles: Perform risk-based evaluations to identify high-risk areas and tailor audit procedures accordingly.
Evaluate Internal Controls: Analyze control design and effectiveness to determine testing needs and reliance levels.
Document Audit Evidence: Create clear, cross-referenced workpapers that meet professional standards and support audit conclusions.
Execute Sampling Strategies: Apply techniques like random, stratified, and judgmental sampling to test financial data efficiently.
Communicate Audit Findings: Deliver audit results to stakeholders using structured write-ups that align with compliance requirements.
Course Instructor
Michael Carroll, CPA, CISA, CISM
Michael is an accounting and information security professional. He is also an Adjunct Professor at several higher education institutions, where he is responsible for teaching various accounting and information technology courses.
Michael earned his MBA in Accounting and B.S. in Accounting / Accounting Information Systems from Canisius University. Additionally, Michael is a Certified Public Accountant (CPA) and a Certified Information Systems Security Professional (CISSP). Michael is a current member of the NYCPA’s Education Committee and has been an Advisory Board Member for the Academy of Finance (AOF) since 2020.
Michael enjoys traveling, hiking, and watching the Buffalo Bills. He has also participated in several marathon events.
Course Content
Additional Info
Format
5-20 min. videos, 2 quizzes, and a final assessment
Field of study
Auditing
CPE Credits
CPEs 3.0
Prerequisites
None